Aeon Co., Ltd. is one of Japan’s leading retailers. The company is headquartered in Mihama-ku, Chiba, Chiba Prefecture.
Aeon Co., Ltd. has over 16,300 stores across 14 countries, with approximately 360,000 employees.
The company operates a number of different retail formats, including: general merchandise stores, supermarkets, discount stores, home centers, convenience stores, speciality stores, and drugstores.
Aeon was founded over 250 years ago (as Shinoharaya) with a “customer-first” philosophy, responding to the evolving needs of customers, which has helped the company become Asia’s number one super-regional retailer.
The Aeon group is now comprised of more than 250 companies, led by Aeon Co., Ltd., which became a full holding company in 2008.
According to Aeon, the company strives “to support our customers’ everyday life as a “lifeline” provider while generating Group synergies.”
Major group companies:
General Merchandise Store Business: AEON Retail Co., Ltd., The Daiei, Inc., AEON Hokkaido Corporation, SUNDAY CO., LTD., AEON KYUSHU CO., LTD., AEONBIKE CO., LTD., AEON Bakery Co., Ltd., AEON LIQUOR CO., LTD., AEON RYUKYU CO., LTD., JOY Co., Ltd., TOPVALU COLLECTION CO., LTD., and Bon Belta Co., Ltd.
Supermarket Business: Maxvalu Chubu Co., Ltd., Maxvalu Nishinihon Co., Ltd., Maxvalu Tohoku Co., Ltd., Maxvalu Tokai Co., Ltd., Maxvalu Hokkaido Co, Ltd., Maxvalu Kyushu Co., Ltd., AEON MARKET CO., LTD., KOHYO CO., LTD., SANYO MARUNAKA CO., LTD., MAXVALU KANTO CO., LTD., MAXVALU KITA TOHOKU CO., LTD., MAXVALU NAGANO CO., LTD., MAXVALU HOKURIKU CO., LTD., MAXVALU MINAMI TOHOKU CO., LTD., marunaka CO., LTD.
Discount Stores Business: AEON SUPERCENTER Co., Ltd., and AEON BIG CO., LTD.
Strategic Small Size Store Business: MINISTOP CO., LTD., ORIGIN TOSHU CO., LTD., My Basket CO., LTD., and RECODS. Co., Ltd.
Drugstore & Pharmacy Business: CFS Corporation, SHIMIZU YAKUHIN CO., LTD., TAKIYA Co., Ltd., WELCIA HOLDINGS CO.,LTD., Medical Ikkou Co., Ltd., Welpark Co., Ltd., ZAG ZAG Co., Ltd., TSURUHA HOLDINGS Inc., KUSURI NO AOKI CO., LTD.
Financial Services Business: AEON Financial Service Co.,Ltd., AEON CREDIT SERVICE (ASIA) CO., LTD., AEON THANA SINSAP (THAILAND) PLC., AEON CREDIT SERVICE (M) BERHAD, AEON BANK, LTD., AEON CREDIT SERVICE CO., LTD., AEON HOUSING LOAN SERVICE CO., LTD., AEON INSURANCE SERVICE CO., LTD., and Aeon Reit Management Co., Ltd.
Shopping Center Development Business: AEON Mall Co., Ltd., AEON TOWN Co., Ltd.
Service Business: AEON DELIGHT CO., LTD., AEON Fantasy Co., Ltd., ZWEI CO., LTD., AEON Eaheart Co., LTD., AEON COMPASS CO., LTD., AEON CINEMAS CO., LTD., KAJITAKU Co., Ltd., Reform Studio Co., Ltd., and Warner Mycal Corporation
Specialty Store Business: GFOOT CO., LTD., COX CO., LTD., Abilities JUSCO CO., Ltd., AEON FOREST CO., LTD., AEON PET CO., LTD., AEON BODY Co., Ltd., Claire’s Nippon Co., Ltd., Cosmeme CO.,LTD., Talbots Japan Co., Ltd., Branshes Co., Ltd, MIRAIYA SHOTEN CO., LTD., Mega Sports Co., Ltd., MEGA PETRO Co., Ltd., LAURA ASHLEY JAPAN CO., LTD., AT Japan Co., Ltd., Taka: Q Co., Ltd.
E-commerce Business: Aeon Direct CO.,LTD., Aeon Link Co., Ltd.
ASEAN Business: AEON ASIA SDN.BHD., AEON Co., (M) Bhd., AEON BIG(M) SDN.BHD., AEON（CAMBODIA）Co., Ltd., AEON (Thailand) CO., LTD., AEON VIETNAM CO., LTD, PT.AEON INDONESIA
China Business: AEON (CHINA) CO., LTD., AEON Stores (Hong Kong) Co., Ltd., AEON South China Co., Ltd., Beijing AEON Co., Ltd., Guangdong AEON Teem Co., Ltd., Qingdao AEON Dongtai Co., Ltd.
Shared Function Companies: Aeon Integrated Business Service Co., Ltd., AEON AGRI CREATE Co., Ltd., AEON GLOBAL SCM CO., LTD., AEON GLOBAL MERCHANDISING CO., LTD., AEON TOPVALU CO., LTD., AEON FOOD SUPPLY Co., Ltd., AEON MARKETING CO., LTD., Cordon Vert CO., LTD., Research Institute For Quality Living Co., Ltd., Tasmania Feedlot Pty. Ltd., YAMAYA CORPORATION, Aeon Demonstration Service Inc.
Overview
- President and CEO: Soichi Okazaki
- Chairman: Noriyuki Murakami
- Industry: Retailing
- Type: Kabushiki gaisha (public company)
- Listed on the Tokyo Stock Exchange as 8267
- ISIN: JP3388200002
- Net sales: $55.090 billion (2014)
- Net income: $447.061 million (2014)
- Headquarters: 1-5-1 Nakase, Mihama-ku, Chiba-shi, Chiba 261-8539, Japan
- Employees: 315,000 (approximately)
- Founded: 1758 (as Shinoharaya)
- Website: http://www.aeon.info/
- Contact number: 81-(43)-212-6042
- Over 16,300 locations
Aeon Co., Ltd. Financial Results, Year Ended February 28
| Operating Data (in $ thousands) | 2014 | 2013 |
| Net sales | $55,090,886 | $55,020,975 |
| Total operating revenues | $62,697,478 | $61,796,776 |
| Operating profit | $22,240,314 | $21,468,259 |
| Operating income | $1,680,712 | $2,076,078 |
| Net income | $447,061 | $811,925 |
| Comprehensive income | $1,167,348 | $1,654,387 |
| Balance sheet data (in $ thousands) | ||
| Total assets | $66,816,097 | $62,237,636 |
| Total current liabilities | $35,933,790 | $31,983,485 |
| Total long-term liabilities | $14,366,922 | $14,518,247 |
| Total equity | $16,515,384 | $15,735,903 |
| Common share data (in $) | ||
| Basic earnings per share | $0.54 | $1.04 |
| Diluted earnings per share | $0.49 | $0.95 |
| Cash flow data (in $ thousands) | ||
| Cash provided by operating activities | $4,732,996 | $1,546,625 |
| Cash (used in) investing activities | $(2,172,761) | $(3,531,193) |
| Cash (used in) financing activities | $(664,771) | $2,426,461 |
| Cash and cash equivalents at beginning of year | $4,163,739 | $1,807,365 |
| Cash and cash equivalents at end of year | $6,207,093 | $4,616,320 |
Source: “Aeon Co., Ltd. Review 2014”